BORETTSLAGET OLAFSHAGEN II

4017 STAVANGER

Finances

Share Ownership

Return on Equity

28,47 %

Current Ratio

5,2

Debt-to-Equity Ratio

2,29

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 558 000	2 150 000	2 187 000	2 028 000
Net Income	675 000	467 000	477 000	−914 000
Total Assets	8 308 000	7 785 000	6 885 000	6 706 000
Total Equity	2 371 000	1 695 000	1 228 000	751 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 558 000	2 150 000	2 187 000	2 028 000
Expenditure	1 797 000	1 622 000	1 627 000	2 865 000
Operating Profit	761 000	527 000	560 000	−837 000
Financial Income	20 000	1 000	1 000	11 000
Financial Costs	106 000	61 000	83 000	88 000
Financial Balance	−86 000	−60 000	−82 000	−77 000
Earnings Before Tax	761 000	527 000	560 000	−837 000
Tax	0	0	0	0
Net Income	675 000	467 000	477 000	−914 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	5 724 000	5 724 000	5 724 000	5 724 000
Total Current Assets	2 584 000	2 061 000	1 161 000	982 000
Total Assets	8 308 000	7 785 000	6 885 000	6 706 000
Total Retained Equity	2 365 000	1 689 000	1 222 000	745 000
Total Equity	2 371 000	1 695 000	1 228 000	751 000
Total Long-Term Debt	5 441 000	5 683 000	5 327 000	5 508 000
Total Current Debt	497 000	407 000	331 000	447 000
Total Equity and Debt	8 308 000	7 785 000	6 885 000	6 706 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	2 558 000	2 150 000	2 187 000	2 028 000
Revenue	2 558 000	2 150 000	2 187 000	2 028 000
Cost of Goods Sold	0	0	0	0
Salary Costs	137 000	137 000	132 000	137 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	1 797 000	1 622 000	1 627 000	2 865 000
Operating Profit	761 000	527 000	560 000	−837 000
Financial Income	20 000	1 000	1 000	11 000
Financial Costs	106 000	61 000	83 000	88 000
Financial Balance	−86 000	−60 000	−82 000	−77 000
Dividends	0	0	0	0
Net Income	675 000	467 000	477 000	−914 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	5 724 000	5 724 000	5 724 000	5 724 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	5 724 000	5 724 000	5 724 000	5 724 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	5 724 000	5 724 000	5 724 000	5 724 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	2 066 000	1 556 000	814 000	509 000
Total Current Assets	2 584 000	2 061 000	1 161 000	982 000
Total Assets	8 308 000	7 785 000	6 885 000	6 706 000
Total Equity	2 371 000	1 695 000	1 228 000	751 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	5 441 000	5 683 000	5 327 000	5 508 000
Creditors	439 000	383 000	319 000	415 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	58 000	24 000	11 000	32 000
Total Current Debt	497 000	407 000	331 000	447 000
Total Equity and Debt	8 308 000	7 785 000	6 885 000	6 706 000

Financial indicators	2022	2021	2020	2019
Return on Equity	28,47 %	27,55 %	38,84 %	−121,7 %
Debt-to-Equity Ratio	2,29	3,35	4,34	7,33
Operating Profit Margin	29,75 %	24,51 %	25,61 %	−41,27 %
Current Ratio	5,2	5,06	3,51	2,2
Quick Ratio	5,2	5,06	3,51	2,2
Equity Ratio	0,29	0,22	0,18	0,11
Gross Profit Margin	100 %	100 %	100 %	100 %